An article in the FT on the value of fine wine investment and how to get it right.
Investing in wine is difficult to get right, however, and since it is not protected by any financial services industry safety net, mistakes can leave you out of pocket. Here is what you need to know.
Which wine is best?
Invest in those that will give you slow and steady growth — that still means the established European names, many of which, particularly in France, have strictly controlled production limits. They can be made to improve with age before reaching their so-called drinking windows.
Miles Davis from Wine Owners, a fine wine asset management company, says the value of bordeaux rose 5.8 per cent in 2020, the best Tuscan wine was up 18 per cent, champagne 14 per cent and burgundy 11.5 per cent.